Is it permissible for a son to open a bank account in his father's name to transfer some of his own money to it, knowing that his father deals with Riba (usury or interest), and is it permissible for him to take interest from this account?
This issue involves the ruling on dealing with an interest-based bank, taking or giving interest to the bank, and using deception to nullify the rights of others and to circumvent the freezing of funds. This deception is forbidden, for the Prophet, peace and blessings be upon him, said: "Whoever takes people's money with the intention of repaying it, Allah will repay it for him; and whoever takes it with the intention of destroying it, Allah will destroy him."
However, if the deception is merely to avoid paying interest due to the bank according to man-made laws, then the person must do their utmost not to pay these forbidden interests. As for the principal amount, it is not permissible to use deception to avoid it.
Obedience to one's father is obligatory in matters that do not involve disobedience to Allah. In matters of disobedience, there is no obedience, for the Prophet, peace and blessings be upon him, said: "Indeed, obedience is only in what is good."
Summary from Ftawy's records · added here
Reviewed by El Fatwa's sharia committee.
Read the full answer on Ftawyhttps://ftawy.com/en/questions/37701
Where this answer came from
- Source platform
- Ftawy
- Original fatwa ID
- 37701
- Added here
- . This is when the answer was added to El Fatwa, not the fatwa's date.
- Text
- Summary from Ftawy's records, reviewed by El Fatwa's sharia committee.
- Read the full ruling
- Read the full answer on Ftawy